A series of new announcements illustrates the growing importance of Egypt, the Suez Gulf and the area designated the Suez Canal Economic Zone to the ammonia energy transition:

• Masdar and a series of public & private partners plan a 4 GW electrolyser capacity, 2.3 million tonnes per year renewable ammonia export project in Ain Sokhna, with the first stage to focus on methanol production for bunker fuel.
• The General Authority for Suez Canal Economic Zone (SCZONE) has signed deals for two smaller maritime fuel production plants, one with French organisation EDF Renewables and the other with UAE-based EMEA Power.
• And Maersk will explore potential for large-scale green maritime fuel production near the Suez Canal, committing to off take in a new deal with SCZONE and government partners.

Masdar and ENGIE will lead development of a 200 MW green hydrogen facility to supply Fertiglobe's existing ammonia production plants in al-Ruwais, UAE. The announcement is the first "concrete action" taken by the pair following a $5 billion strategic alliance signed in December, with the goal of developing at least 2 GW electrolysis capacity in the UAE by 2030.